Backed by $7 million in funding, Privateer is looking to invest in businesses related to marijuana, but not actually get involved in the handling of marijuana itself. So far they have focused on cannabis websites, insurers and consultants.

It is likely that Mr. Moen won't be the last federal agent to "switch sides" and use their expertise to help those in the increasingly-legal marijuana industry. As attitudes about the cannabis plant and its legality change, so too will attitudes about where those with knowledge of the law and business fit in, especially as the cannabis industry becomes more lucrative.

About The Author

Has written for several websites and magazines, including The420Times.com, HighTimes.com, CannabisCulture.com, HailMaryJane.com, DrugPossessionLaws.com, The 420 Times magazine and Nug magazine. Email [email protected]